News about properties and real estate
The real estate listing shows a cozy house on a river in the Rocky Mountains. But there’s a twist: The owner of the two-bedroom bungalow is welcoming payment in an unregulated online virtual currency known as bitcoins. “I really wanted to get my hands on some bitcoins and they happen to be quite hard to …
Continue reading “Alberta man selling his $400,000 house for virtual money, rather than cash”
Orlando area’s residential real estate recovery has outperformed that of other areas within Florida for single-family sales but the area’s condo market has lagged behind. Metropolitan Orlando’s residential real estate recovery has outperformed that of other areas within Florida for single-family sales but the area’s condo market has lagged behind. The four-county metro area’s single-family …
Continue reading “Florida home prices: Orlando prices exceed Florida home prices”
Michael Gatlin built his three-bedroom home in Flushing, Mich., with his own two hands.At 3,000 square feet, it had plenty of room for his two young boys. The home sat on nearly an acre of land — or snow, depending on the season — and the kids took advantage of every inch.Gatlin recalls summer days …
Continue reading “To track housing recovery, follow the cash trail”
A group of lenders has agreed to make the first major construction loan for a condominium project in the Miami area since the crash, marking a milestone in the recovery of real-state financing market for condos. Loans to build condo towers were common during the boom years, but the downturn left Florida with an enormous …
Home remodeling projects across Southwest Florida are on the rise, spurred on by a thin supply of houses for sale and an overwhelming number of underwater mortgages that have made it difficult for some homeowners to move.The trend has put hundreds of subcontractors in Southwest Florida back to work, boosted revenue for home improvement retailers …
Continue reading “Remodelers are busy again in Southwest Florida”
In 2003, the $13.2 million sale of 1219 Westway Drive, a then-new 7,400-square-foot mansion and property next door, kicked off the region’s residential real estate boom and set a sales record. For the next three years, the market soared, until a mammoth collapse slashed prices by 50 percent or more. On Friday, the tony Lido …
Continue reading “Sales on Sarasota’s Westway Drive measure luxury market | HeraldTribune.com”